Verified answer

Yes you can, plus it's a great way to trade weapons especially if you're playing different character types. The game's AI has a fun way of letting you find great weapons and augments that don't apply to your character but with a friend you can either give it away or have them hold it while you quit out and relogin using the appropriate character type.

Good Luck

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Yes because it has drop in co-op where are friend can join you at any point in the game and you can do the same.

Yes.